The stablecoin sector was impacted severely after the Silicon Valley Bank (SVB) Saga. Circle, the issuer of the USDC stablecoin was impacted the most as some of their holdings were with the SVB.
The stablecoin sector was impacted severely after the Silicon Valley Bank (SVB) Saga. Circle, the issuer of the USDC stablecoin was impacted the most as some of their holdings were with the SVB.